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Cognac production increased by 7.4% in January-September 2013, compared to January-September 2012, and reached 13.14 million liters, News Armenia reports.Wine production increased by 35.3% to about 4 million liters, champagne by 55.6% to 195,700 liters, beer by 38.4% to 15.18 million liters. Vodka production dropped by 6.4% to about 6.5 million liters.Production of non-alcohol drinks increased by 40% to 41.6 million liters.
due to “the ripple effect”
Kyrgyz President ignored the summit of the Customs Union in Minsk
The South Caucasus is ready for the Baku-Tbilisi-Kars Railway
Caucasian internal and foreign political realities viewed by the local media
modernization and the preservation of the human resources potential
Experts and politicians comment on the situation
What does Yerevan have for the Customs Union?
neutralizes any social benefits
The reasons why the Armenian Statistical Service does not publish indicators of capital flight
Armenia is in a situation where it is very difficult to describe its economy as “free market”
Caucasian internal and foreign political realities viewed by the local media
The political aspect of his reappointment is obvious
Avag Arutyunyan, President of the Armenian Union of Wine-Makers, expressed concerns that return of Georgian wine to Russia would reduce imports of Armenian wine. About 75% of exported wine of Armenia is bought by Russia, Lragir.am reports.Georgia used to export 50-55 million bottles of wine to Russia, with a capacity of 15-20 million.Arutyunyan said that Georgian wine had been cheaper until 2008. It has become more expensive.
Alarming tendencies in the Armenian economy
Alarming tendencies in the Armenian economy
During a meeting today with Igor Sechin, head of Russian Rosneft company, Armenian President Serzh Sargsyan welcomed its arrival in the Armenian market, according to the presidential press office. "The arrival of Rosneft in the Armenian economy will give a great stimulus to the development of bilateral economic cooperation," Sargsyan was quoted by his press service as saying, ARKA reports. During the meeting the two men discussed chances of long-term Russian-Armenian cooperation in economy, including the energy sector.
…as a mean for development of the banking sphere
Armenian expert Arutyun Mesropyan believes
The government expects new credits
